Global Petroleum Refining Hydrogen Generation Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Petroleum Refining Hydrogen Generation Market is presumed to reach the market size of nearly USD 116.55 Billion by 2032 from USD 62.29 Billion in 2023 with a CAGR of 7.21% under the study period 2024-2032.

Petroleum refining hydrogen generation refers to producing hydrogen gas used in various refining processes. Hydrogen is crucial for hydrocracking, hydrotreating, and desulfurization, which enhance fuel quality and reduce sulfur content. It is typically produced on-site at refineries through partial oxidation of hydrocarbons, steam methane reforming (SMR), or water electrolysis. Efficient hydrogen generation is vital for optimizing refinery operations, meeting environmental regulations, and producing cleaner fuels. Innovations in hydrogen production technology, including integrating renewable energy sources and carbon capture, aim to reduce the environmental impact of hydrogen generation in petroleum refining.

MARKET DYNAMICS

The petroleum refining hydrogen generation market is influenced by the demand for hydrogen in the petroleum refining industry. Hydrogen plays a crucial role in various refining processes, including hydrotreating, hydrocracking, and catalytic reforming, where it is used as a feedstock and catalyst in removing impurities, upgrading crude oil, and producing high-quality fuels and petrochemicals. One of the primary drivers of the petroleum refining hydrogen generation market is the increasing demand for cleaner and more efficient refining processes to meet stringent environmental regulations and fuel quality standards. Additionally, the growing consumption of transportation fuels and petrochemical products worldwide drives the need for hydrogen in refining operations to improve product quality, yield, and profitability. Moreover, the shift towards renewable and alternative energy sources drives the adoption of hydrogen as a clean energy carrier and feedstock for green hydrogen production through electrolysis and steam methane reforming processes. Furthermore, advancements in hydrogen production technologies, such as steam reforming, partial oxidation, and autothermal reforming, enhance process efficiency, reduce energy consumption, and lower greenhouse gas emissions, thereby driving market growth. Additionally, collaborations between oil companies, technology providers, and government agencies to develop hydrogen infrastructure and promote hydrogen economy initiatives are expected to create new opportunities for the petroleum refining hydrogen generation market. However, fluctuating oil prices and regulatory constraints may challenge the market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Petroleum Refining Hydrogen Generation. The growth and trends of Petroleum Refining Hydrogen Generation industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Petroleum Refining Hydrogen Generation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Delivery Mode

Captive
Merchant

By Process

Stream Reformer
Electrolysis
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Petroleum Refining Hydrogen Generation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Petroleum Refining Hydrogen Generation market include Air Products And Chemicals Inc, Air Liquide, BP Plc, ExxonMobil, Cummins Inc, Chevron Corporation, Linde Plc, Indian Oil Corporation Ltd, Messer Group GmbH, Nel Hydrogen, Plug Power Inc., Praxair Inc, Reliance Industries Ltd, Resonac Corporation, Shell Global. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112114900

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. PETROLEUM REFINING HYDROGEN GENERATION - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Delivery Mode
- 3.7.2 Market Attractiveness Analysis By Process
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL PETROLEUM REFINING HYDROGEN GENERATION MARKET ANALYSIS BY DELIVERY MODE

5.1. Overview By Delivery Mode
5.2. Historical and Forecast Data Analysis By Delivery Mode
5.3. Captive Historic and Forecast Sales By Regions
5.4. Merchant Historic and Forecast Sales By Regions

6. GLOBAL PETROLEUM REFINING HYDROGEN GENERATION MARKET ANALYSIS BY PROCESS

6.1. Overview By Process
6.2. Historical and Forecast Data Analysis By Process
6.3. Stream Reformer Historic and Forecast Sales By Regions
6.4. Electrolysis Historic and Forecast Sales By Regions
6.5. Others Historic and Forecast Sales By Regions

7. GLOBAL PETROLEUM REFINING HYDROGEN GENERATION MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE PETROLEUM REFINING HYDROGEN GENERATION COMPANIES

8.1. Petroleum Refining Hydrogen Generation Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF PETROLEUM REFINING HYDROGEN GENERATION INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Air Products And Chemicals Inc
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. Air Liquide
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. BP Plc
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. ExxonMobil
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. Cummins Inc
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
9.8. Chevron Corporation
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
9.9. Linde Plc
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
9.10. Indian Oil Corporation Ltd
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
9.11. Messer Group GmbH
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
9.12. Nel Hydrogen
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments
9.13. Plug Power Inc.
- 9.13.1 Company Overview
- 9.13.2 Company Revenue
- 9.13.3 Products
- 9.13.4 Recent Developments
9.14. Praxair Inc
- 9.14.1 Company Overview
- 9.14.2 Company Revenue
- 9.14.3 Products
- 9.14.4 Recent Developments
9.15. Reliance Industries Ltd
- 9.15.1 Company Overview
- 9.15.2 Company Revenue
- 9.15.3 Products
- 9.15.4 Recent Developments
9.16. Resonac Corporation
- 9.16.1 Company Overview
- 9.16.2 Company Revenue
- 9.16.3 Products
- 9.16.4 Recent Developments
9.17. Shell Global
- 9.17.1 Company Overview
- 9.17.2 Company Revenue
- 9.17.3 Products
- 9.17.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies